2 1 Shi Ji Jing Ji Bao Dao·2025-09-02 23:58Core Viewpoint - The low interest rate environment is testing the operational management capabilities of major banks, with a focus on precise strategies, efficient execution, and stable growth becoming a key challenge for the industry [1] Financial Performance - In the first half of 2025, Bank of Communications (BoCom) demonstrated strong performance among the six major state-owned banks, with a net profit attributable to shareholders increasing by 1.61% year-on-year [3] - The bank's total assets reached 15.44 trillion yuan, growing by 3.59% compared to the end of the previous year [3] - The non-performing loan (NPL) ratio improved to 1.28%, with a provision coverage ratio of 209.56%, up by 7.62 percentage points from the end of the previous year [3] Asset Quality Improvement - BoCom disposed of 37.83 billion yuan in non-performing loans, a year-on-year increase of 27.9%, with substantial recoveries of 20.37 billion yuan, up 54.3% [3] Net Interest Margin - In the context of a general narrowing of interest margins across the banking sector, BoCom experienced the smallest year-on-year decline in net interest margin among the six major state-owned banks [4] Strategic Focus - The bank is strategically focusing on key sectors and regions, enhancing financial support for national strategies and key areas, while also deepening its engagement in the Shanghai market [6][8] - BoCom's loans in the Yangtze River Delta, Guangdong-Hong Kong-Macao Greater Bay Area, and Beijing-Tianjin-Hebei regions increased by 5.57% [7] Digital Transformation - BoCom is leading in digital transformation, with a focus on integrating technology and finance, achieving significant results in technology capability and application [9] - The bank's loans to core digital economy industries exceeded 286 billion yuan, with internet loans growing by 8.52% year-on-year [10] Dividend Policy - The bank's board approved a mid-term dividend distribution plan, proposing a cash dividend of 0.1563 yuan per share, totaling 13.811 billion yuan, which accounts for 30% of the net profit attributable to shareholders [11]